We have typical issue in currency revaluation in BCS. While running the currency translation in UCMON for some of entities we found abnormal figures in the gain/loss. After further analysis we found out that the amount in Retained earnings-previous year a/c is getting added up everytime when we run the translation.
This amount is showing under accoung Currency translation adjustment which is hampering the financials.
We have cheked the CT methods & consol.unit settings which seems to be fine. We also ran the balances c/f.
any clue from gurus on what might went wrong?